Aaron Webster - Mar 24, 2022 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
Chief Risk Officer
Signature
/s/ Deanna Smith, Attorney-in-Fact
Stock symbol
SOFI
Transactions as of
Mar 24, 2022
Transactions value $
$0
Form type
4
Date filed
3/25/2022, 08:12 PM
Previous filing
Mar 18, 2022
Next filing
Jun 16, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SOFI Restricted Stock Unit Award $0 -224K -21.24% $0.00 829K Mar 24, 2022 Common Stock 224K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.
F2 Represents shares issuable on settlement of RSUs granted to the Reporting Person. The RSU award will vest as to (1) 3,011 RSUs in equal quarterly installments on each of the quarterly vesting dates in June 2022, September 2022 and December 2022, (2) 15, 244 RSUs in equal quarterly installments on each of the quarterly vesting dates in 2023, and (3) 19,196 RSUs in equal quarterly installments on each of the quarterly vesting dates in 2024 and 2025 (other than the quarterly vesting date in September 2024 when 19,197 RSUs will vest), in each case, subject to the reporting person's continued service with the Issuer through the applicable vesting date.